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A firm's price to earnings ratio is 8 and its market to book ratio is 2. If its earnings per share are $4.00, what is

A firm's price to earnings ratio is 8 and its market to book ratio is 2. If its earnings per share are $4.00, what is the book value per share?

a. $64.00

b. $32.00

c. $16.00

d. $ 8.00

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